3 ms·
This business strategy has been known to fail time and time again. Once a product is launched with the "Freemium" model, it is very difficult to switch to a sub
by glitchc 6y ago
This business strategy has been known to fail time and time again. Once a product is launched with the "Freemium" model, it is very difficult to switch to a subscription model without losing the majority of the customer base.
This article argues that freemium is a marketing tool, not a business model:
https://medium.com/m8-ventures/why-freemium-doesnt-work-so-well-anymore-a83f2fd01132 https://medium.com/m8-ventures/why-freemium-doesnt-work-so-w...
The M&Ms example is delightfully succinct in explaining why the transition never works.